Commerce online quiz 202

By | August 21, 2018

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10000 MCQ /questions on commerce questions answers

Question 1 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Standard cost is a..cost
A
Predetermined
B
historical
C
actual
D
final
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The objective of accounting information is to provide..... review of the business.
A
correct
B
true and fair
C
fair only
D
none of these
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Mr. Raees Ahamd bought 50 litres of petrol when his monthly income was Rs.25000. Now his monthly income has risen to Rs.50, 000 and he purchases 100 litres of petrol. His income elasticity of demand for petrol is
A
1
B
100%
C
Less than 1
D
More than 1
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Works cost is a total of.....
A
Indirect material, Indirect labour
B
Direct material, direct labour, direct or chargeable expenses and works expenses
C
Direct material, direct labour
D
Indirect material, Indirect labour, Indirect expenses
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Manager who is responsible for investments of company, its costs and revenues is known as
A
profit center
B
investment center
C
cost center
D
revenue center
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If a firm shuts down temporarily, it will incur loss equal to
A
AFC
B
AVC
C
TFC
D
TVC
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If the amount of work certified is less than.....of the contract price, then no profit should be taken to Profit & Loss Account.
A
20%
B
25%
C
33.33%
D
40%
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The purpose of an office is to furnish essential services to the.....
A
public
B
management
C
clerks
D
creditors
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The assumption underlying the fixed installment method of depreciation is that of..... of the asset over its useful life
A
Equal usage
B
Usage
C
Charge
D
None of the above
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one is not a assumption of the theory of demand based on analysis of indifference curves?
A
Given scale of preferences as between different combinations of two goods
B
Diminishing marginal rate of substitution
C
Constant marginal utility of money
D
Consumers would always prefer more of a particular good to less of it, other things remaining the same
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
E-cheques are......
A
Prepaid
B
Postpaid
C
Both prepaid and postpaid
D
None of these
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards is known as?
A
Sub Prime
B
Prime Lending
C
Risky lending
D
None of these
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In arbitrage pricing theory, required returns are functioned of two factors which have
A
dividend policy
B
market risk
C
historical policy
D
Both A and B
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which bank's old name was 'Imperial Bank'?
A
Reserve Bank of India
B
Punjab National Bank
C
State Bank of India
D
Union Bank of India
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
ECS Stands for?
A
Electrical Clearing System
B
Electronic Core System
C
End Clearing System
D
Electronic Clearing System
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Where an urban agricultural land owned by an individual, continuously used by him for agricultural purposes for a period of two years prior to the date of transfer, is compulsorily, acquired under law and the compensation is fixed by the state Government
A
True
B
False
C
Cannot be said with certainty
D
Is decided by the Assessing Officer
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Assertion (A). The new Industrial policy was announced on July 24, 1991. Reason (R). The new industrial policy was announced by the V.P. Singh Government.
A
Both (A) and (R) are true and (R) is the correct explanation of (A).
B
Both (A) and (R) are true but (R) is not the correct explanation of (A).
C
(A) is true but (R) is false.
D
(A) is false but (R) is true.
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The accounting process involves recording
A
Quantifiable economic event
B
Non Quantifiable economic event
C
All of them
D
None of them
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
constant variance is classified in assumptions testing as
A
homogenous
B
homoscedasticity
C
heteroscedasticity
D
heterogeneous
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Select the correct statement about the Mumbai Inter Bank Bid (MIBID):
A
The weighted average interest rate at which certain banks in Mumbai are ready to borrow the long term lenders.
B
The weighted average interest rate at which certain banks in Mumbai are ready to lend for long term purpose.
C
The weighted average interest rate at which certain banks in Mumbai are ready to borrow from the call money market.
D
The freighted average interest rate at which certain banks in Mumbai are ready to lend in the call money market.
There are 20 questions to complete.

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